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Galati: Akhmetov’s Audacious Acquisition Aims

Ukrainian billionaire Rinat Akhmetov has bid to acquire Romania's largest steel producer, Libertu Galati. The plant is struggling with about €1 billion in debt. Akhmetov seeks a new EU-based steel hub after his plants in Mariupol were destroyed. A Romanian government committee will now evaluate his offer against others.

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